Tag: hashrate

Cryptocurrency mining is at the heart of the distributed ledger technology known as the blockchain. This process is fundamental to the integrity and functionality of various cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Mining not only generates new coins but also helps in maintaining the network's security and trustworthiness. Let's dive into the process of mining and understand how it actually works. Understanding Cryptocurrency Mining Cryptocurrency mining is the process by which transactions are verified and added to the public ledger, known as the blockchain. It also encompasses the method through...